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No. of Recommendations: 2
I have my mortgage on auto-pay.
...
Once you set it up, it is hands off, and no need to even think about it.


I do too, actually. But my mortgage is new. Practically the first thing I did when I got home from the closing was to set up auto-pay for it. Even before the first payment was due I was notified that my mortgage had been sold, and only my first payment would follow the instructions from the closing. So I had to change the pay-every-month instruction to pay-once, and wait for all the new details to set it up all over again for the new payee. I no sooner get that set up than I get a letter from Freddie Mac that they now own my mortgage, and that the outfit I thought bought it is just a payment processing outfit. It isn't even time yet to make that second payment... first to the new address.
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